Description
Located less than 2 miles from Auburn University, this well-maintained tri-plex offers a turnkey investment opportunity with long-term leases in place, modern updates, and unbeatable convenience. The property consists of three units, each featuring LVP flooring throughout and individual HVAC systems of varying ages. Unit 910 offers 3 bedrooms and 2 bathrooms, Unit 912 is a two-story layout with 2 bedrooms and 2.5 bathrooms, and Unit 914 features 2 bedrooms and 2 bathrooms. Each unit includes covered parking, and residents enjoy access to a neighborhood pool just steps away. The property is located on the Tiger Transit route and is convenient to shopping, dining, and all that Auburn has to offer. The HOA covers lawn care, property insurance, pool maintenance, and irrigation for a low monthly fee per unit, making ownership truly low-maintenance. With stable tenancy already in place and minimal owner responsibilities, this property presents a rare opportunity to own a hands-off investment in one of Auburn’s most desirable and convenient locations.
Property Details
- Property Type
- Residential
- Subtype
- MultiFamily
- Living Area
- 3,654 sq ft
- Lot Size
- 0.31 acres
- Year Built
- 1997
- City
- Auburn
- Subdivision
- RESIDENCES OF CENTRAL PARK
- County
- Lee
- Parking
- carport, Carport,Other,SeeRemarks
- Cooling
- CentralAir,Electric
- Heating
- Electric,HeatPump
- HOA Fee
- $390/mo
- Original Price
- $699,000
- List Date
- June 2, 2025
- MLS Area
- Auburn
- Parcel #
- 09-04-20-1-000-199.000
Price History
- Price Reduced $650,000 -$25,000
- Price Reduced $675,000 -$24,000
- Listed $699,000